Indus (ETR:INH) Given a €51.00 Price Target at Warburg Research

Warburg Research set a €51.00 ($59.30) price objective on Indus (ETR:INH) in a research note published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

INH has been the subject of several other research reports. Independent Research set a €39.00 ($45.35) price objective on Indus and gave the company a neutral rating in a research report on Tuesday, October 15th. HSBC set a €50.00 ($58.14) target price on Indus and gave the stock a buy rating in a research report on Friday, October 18th.

INH stock opened at €36.95 ($42.97) on Thursday. The firm’s fifty day simple moving average is €35.86 and its 200-day simple moving average is €38.09. The company has a debt-to-equity ratio of 100.81, a current ratio of 1.67 and a quick ratio of 0.73. Indus has a 12 month low of €31.30 ($36.40) and a 12 month high of €48.40 ($56.28). The company has a market capitalization of $903.45 million and a P/E ratio of 13.90.

Indus Company Profile

INDUS Holding AG is a private equity firm specializing in mergers and acquisitions and corporate spin-offs. The firm does not invest in retail and service companies, pure trading or consumer goods businesses, companies with significant dependencies on individual business partners, start-ups, turnarounds, mature businesses, and companies undergoing restructuring.

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